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Tag: surges

Kim Kardashian becomes a billionaire after her net worth surges by $220m in just six months

Kim Kardashian becomes a billionaire after her net worth surges by $220m in just six months

Entertainment
Kim Kardashian has officially become a billionaire, according to Forbes.The reality TV star, 40, saw her net worth soar from $ 780m (£564m) in October to $ 1bn (£723m) this month, the magazine reports. Her fortune comes mainly from her two businesses: the shapewear brand Skims, and the cosmetics company KKW Beauty. Image: Kim Kardashian recently filed for divorce from Kanye West She has also earned millions from her TV career - namely Keeping Up With The Kardashians - and endorsement deals.The rest of her estate is made up of her personal finances, properties and investments. ...
Bitcoin value surges past $30,000 (£22,000) for first time

Bitcoin value surges past $30,000 (£22,000) for first time

Business
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Lebanese expect the worst as poverty surges

Lebanese expect the worst as poverty surges

World
BEIRUT, Lebanon, Oct. 13 (UPI) -- With no new government in sight to adopt reforms that would release urgently needed international aid, poverty is growing in Lebanon, with a pervasive fear that it's going to get worse. The streets are increasingly filled with beggars, mostly Syrian refugees. The minimum monthly wage has fallen to 600,000 Lebanese lira, the equivalent of $ 400 just a year ago, currently worth $ 69 at the black market rate. Advertisement In August, the United Nations Economic and Social Commission for Western Asia estimated Lebanon's poverty rate had surged to 55 percent in May, compared to 28 percent last year. Bader Jamal el Naboulsi, a construction worker from the Bab al-Tabbaneh neighborhood in Tripoli, has been jobless for months. "Now, I just do anything like cleani...
Pound surges as UK-Irish talks reveal ‘pathway’ to Brexit deal

Pound surges as UK-Irish talks reveal ‘pathway’ to Brexit deal

Business
The pound has risen sharply after Britain and Ireland issued a joint statement saying they "could see a pathway" to a possible Brexit deal.Sterling spiked by more than two and a half cents against the US dollar to just under $ 1.25 and was on course for its largest one-day percentage gain in seven months. The UK currency also surged by two cents versus the euro to €1.13.It came after Irish Prime Minister Leo Varadkar said following talks with Boris Johnson that he was "now absolutely convinced" that Britain wanted a Brexit deal and that it was possible to achieve one by the end of October.The pound has been gripped by the twists and turns of the Brexit saga, with fears of a no-deal dragging on the currency as the deadline for the UK to leave at the end of this month nears - and any signs o...
British pound surges the most in nearly two years after UK lawmakers vote to reject a no-deal Brexit

British pound surges the most in nearly two years after UK lawmakers vote to reject a no-deal Brexit

Finance
Sterling rose on Wednesday after U.K. lawmakers rejected leaving the European Union without a withdrawal agreement. The pound was up 2 percent against the dollar at $ 1.3339 as investors become more optimistic that a hard Brexit would be ruled out. That's the biggest move since April 2017. "Our base view — and the currency is telling you this — is we will get some form of resolution," said KKR's global head of macro and asset allocation Henry McVey on CNBC's Closing Bell. "Clearly, there's been slowing related to Brexit. The way we're approaching it is this...